News Formal

A new breed of tech IPOs may give the stock market reason to party like it’s 1999

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

A stampede of companies have filed to go public in recent days, as they look to take advantage of a rapid recovery in U.S. capital markets. So far this year, IPOs have raised $96.7 billion globally, up 11% from the same period in 2019.

A stampede of companies have filed to go public in recent days, as they look to take advantage of a rapid recovery in U.S. capital markets, in a flurry of activity reminiscent of the heady days of the dot-com boom of 1999.

That number is set to surge as companies race to make their market debuts to raise capital, months after the coronavirus pandemic played a significant role in declining IPO activity. Last year, Slack Technologies WORK, +2.05%, the owner of a popular workplace instant messaging app, also chose a direct listing, and saw its shares surge nearly 50% in their public trading debut, valuing the company at more than $23 billion. Music-streaming company Spotify Technology SPOT, -2.25% also opted for a direct listing in 2018.

Shanghai’s technology focused STAR Market ranks as the second most popular IPO venue so far during 2020, with $13.9 billion.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

As soon as they launch, that's when everything is going to hit the fan

Underreported kleptofascism when the Federal Bank makes a covert campaign donation to Donald J Trump in the form of 3 trillion dollars worth of corporate bonds, to increase the buoyancy of the stock market & detach it from the reality of the collapsing economy. BidenHarris2020

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Facebook could be the next $1 trillion company. Here's howAs Facebook hits record highs, one market watcher suggests it could the next stock to join the $1 trillion market cap club.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Marketing-tech startup Narrative raises Series A, rolls out new tool - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

Stock market record highs despite bad economy actually makes sense - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. RenMacLLC Really. RenMacLLC 'More recently, since the pandemic ended, ' You meant 'since the pandemic began,' I assume?
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »